United Fire Group (UFCS) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

UFCS Stock Forecast


United Fire Group stock forecast is as follows: an average price target of $31.00 (represents a 51.22% upside from UFCS’s last price of $20.50) and a rating consensus of 'Hold', based on 1 wall street analysts offering a 1-year stock forecast.

UFCS Price Target


The average price target for United Fire Group (UFCS) is $31.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $31.00 to $31.00. This represents a potential 51.22% upside from UFCS's last price of $20.50.

UFCS Analyst Ratings


Hold

According to 1 Wall Street analysts, United Fire Group's rating consensus is 'Hold'. The analyst rating breakdown for UFCS stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

United Fire Group Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 27, 2022Paul NewsomePiper Sandler$31.00$31.75-2.36%51.22%
Row per page
Go to

The latest United Fire Group stock forecast, released on Oct 27, 2022 by Paul Newsome from Piper Sandler, set a price target of $31.00, which represents a -2.36% decrease from the stock price at the time of the forecast ($31.75), and a 51.22% increase from UFCS last price ($20.50).

United Fire Group Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$20.50$20.50$20.50
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of United Fire Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to United Fire Group's last price of $20.50. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 29, 2022Piper SandlerOverweightNeutralDowngrade
Aug 05, 2022Piper Sandler-OverweightUpgrade
Row per page
Go to

United Fire Group's last stock rating was published by Piper Sandler on Oct 29, 2022. The company Downgrade its UFCS rating from "Overweight" to "Neutral".

United Fire Group Financial Forecast


United Fire Group Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
Revenue--------$287.32M$273.95M$267.09M$267.10M$280.16M$235.57M-$245.01M$262.80M$248.54M$244.41M$300.74M$320.53M$282.12M$297.80M$177.81M$292.26M$298.06M$304.20M$305.54M$262.18M$291.91M
Avg Forecast$324.20M$317.40M$310.00M$301.90M$294.80M$288.60M$284.30M$266.70M$263.70M$263.60M$254.10M$246.10M$242.60M$237.40M$237.23M$269.59M$276.42M$269.94M$272.44M$264.34M$267.00M$285.76M$280.94M$263.77M$276.70M$274.60M$272.70M$266.70M$207.52M$186.45M
High Forecast$324.20M$317.40M$310.00M$301.90M$294.80M$288.60M$284.30M$266.70M$263.70M$263.60M$254.10M$246.10M$242.60M$237.40M$237.23M$269.59M$276.42M$269.94M$272.44M$264.34M$267.00M$285.76M$280.94M$263.77M$276.70M$274.60M$272.70M$266.70M$249.03M$223.73M
Low Forecast$324.20M$317.40M$310.00M$301.90M$294.80M$288.60M$284.30M$266.70M$263.70M$263.60M$254.10M$246.10M$242.60M$237.40M$237.23M$269.59M$276.42M$269.94M$272.44M$264.34M$267.00M$285.76M$280.94M$263.77M$276.70M$274.60M$272.70M$266.70M$166.02M$149.16M
# Analysts-----1--11---------101098765551316
Surprise %--------1.09%1.04%1.05%1.09%1.15%0.99%-0.91%0.95%0.92%0.90%1.14%1.20%0.99%1.06%0.67%1.06%1.09%1.12%1.15%1.26%1.57%

United Fire Group's average Quarter revenue forecast for Mar 24 based on 0 analysts is $266.70M, with a low forecast of $266.70M, and a high forecast of $266.70M. UFCS's average Quarter revenue forecast represents a -7.18% decrease compared to the company's last Quarter revenue of $287.32M (Dec 23).

United Fire Group EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts-----1--11---------101098765551316
EBITDA---------$8.38M$-72.23M$3.44M$23.03M$-25.76M-$37.19M$74.77M$-11.92M$19.41M$24.33M$-11.88M$-53.54M$5.92M$-103.36M$-21.74M$-2.91M$-3.12M$55.84M$-40.35M$14.30M
Avg Forecast$-331.42K$-324.47K$-316.90K$-308.62K$-301.36K$-295.02K$-290.63K$45.37M$-269.57K$-269.47K$-259.76K$35.87M$-248.00K$-13.11M$-242.51K$28.35M$210.04M$-11.92M$122.30M$32.85M$-11.97M$-51.93M$5.92M$-156.98M$-8.97M$-1.83M$-33.22M$31.96M$-120.01M$9.13M
High Forecast$-331.42K$-324.47K$-316.90K$-308.62K$-301.36K$-295.02K$-290.63K$54.45M$-269.57K$-269.47K$-259.76K$43.04M$-248.00K$-10.49M$-242.51K$34.02M$252.05M$-9.53M$146.76M$39.42M$-9.57M$-41.54M$7.10M$-125.59M$-7.18M$-1.46M$-26.57M$38.36M$-96.01M$10.96M
Low Forecast$-331.42K$-324.47K$-316.90K$-308.62K$-301.36K$-295.02K$-290.63K$36.30M$-269.57K$-269.47K$-259.76K$28.69M$-248.00K$-15.73M$-242.51K$22.68M$168.04M$-14.30M$97.84M$26.28M$-14.36M$-62.31M$4.73M$-188.38M$-10.76M$-2.20M$-39.86M$25.57M$-144.01M$7.31M
Surprise %----------31.08%278.06%0.10%-92.86%1.97%-1.31%0.36%1.00%0.16%0.74%0.99%1.03%1.00%0.66%2.42%1.59%0.09%1.75%0.34%1.57%

1 analysts predict UFCS's average Quarter EBITDA for Dec 23 to be $-269.57K, with a high of $-269.57K and a low of $-269.57K. This is -103.22% lower than United Fire Group's previous annual EBITDA (Sep 23) of $8.38M.

United Fire Group Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts-----1--11---------101098765551316
Net Income--------$19.61M$6.38M$-56.38M$694.00K$20.12M$-22.98M-$28.35M$57.73M$-9.59M$13.75M$18.70M$-8.89M$-37.24M$5.96M$-72.53M$-23.16M$-2.34M$-4.20M$44.52M$-29.34M$11.07M
Avg Forecast$15.69M$5.82M$1.27M$15.19M$12.15M$4.57M$-498.69K$27.06M$14.01M$-107.81K$-57.42M$21.39M$14.04M$-10.55M$11.35M$16.91M$162.18M$-9.59M$86.62M$25.25M$-8.96M$-36.12M$5.96M$-110.16M$-9.55M$-1.47M$-44.69M$25.48M$-87.24M$7.07M
High Forecast$15.69M$5.82M$1.27M$15.19M$12.15M$4.57M$-498.69K$32.47M$14.01M$-107.81K$-57.42M$25.67M$14.04M$-8.44M$11.35M$20.29M$194.62M$-7.67M$103.95M$30.30M$-7.17M$-28.90M$7.15M$-88.13M$-7.64M$-1.18M$-35.75M$30.58M$-69.79M$8.48M
Low Forecast$15.69M$5.82M$1.27M$15.19M$12.15M$4.57M$-498.69K$21.65M$14.01M$-107.81K$-57.42M$17.11M$14.04M$-12.66M$11.35M$13.53M$129.75M$-11.51M$69.30M$20.20M$-10.75M$-43.35M$4.77M$-132.19M$-11.47M$-1.77M$-53.62M$20.39M$-104.69M$5.66M
Surprise %--------1.40%-59.18%0.98%0.03%1.43%2.18%-1.68%0.36%1.00%0.16%0.74%0.99%1.03%1.00%0.66%2.42%1.59%0.09%1.75%0.34%1.57%

United Fire Group's average Quarter net income forecast for Mar 24 is $27.06M, with a range of $21.65M to $32.47M. UFCS's average Quarter net income forecast represents a 38.00% increase compared to the company's last Quarter net income of $19.61M (Dec 23).

United Fire Group SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts-----1--11---------101098765551316
SG&A------------------------------
Avg Forecast------------------------------
High Forecast------------------------------
Low Forecast------------------------------
Surprise %------------------------------

United Fire Group's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to UFCS last annual SG&A of $NaN (undefined).

United Fire Group EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts-----1--11---------101098765551316
EPS---------$0.25$-2.23$0.03$0.80$-0.91-$1.13$2.30$-0.38$0.55$0.75$-0.35$-1.49$0.24$-2.90$-0.93$-0.09$-0.17$1.77$-1.17$0.44
Avg Forecast$0.62$0.23$0.05$0.60$0.48$0.18$-0.02$0.47$0.55$-0.00$-2.27$0.57$0.55$-0.47$0.44$0.84$0.41$-0.04$-0.02$-0.32$-1.31$-1.33$-0.28$0.12$-0.64$-0.09$0.06$0.53$0.68$0.20
High Forecast$0.62$0.23$0.05$0.60$0.48$0.18$-0.02$0.47$0.55$-0.00$-2.27$0.57$0.55$-0.47$0.44$0.84$0.41$-0.04$-0.02$-0.32$-1.31$-1.33$-0.28$0.12$-0.64$-0.09$0.06$0.53$0.82$0.24
Low Forecast$0.62$0.23$0.05$0.60$0.48$0.18$-0.02$0.47$0.55$-0.00$-2.27$0.57$0.55$-0.47$0.44$0.84$0.41$-0.04$-0.02$-0.32$-1.31$-1.33$-0.28$0.12$-0.64$-0.09$0.06$0.53$0.55$0.16
Surprise %----------58.70%0.98%0.05%1.44%1.95%-1.35%5.55%10.30%-27.06%-2.36%0.27%1.12%-0.84%-24.91%1.44%1.02%-3.04%3.36%-1.72%2.20%

According to 1 Wall Street analysts, United Fire Group's projected average Quarter EPS for Dec 23 is $0.55, with a low estimate of $0.55 and a high estimate of $0.55. This represents a 121.36% increase compared to UFCS previous annual EPS of $0.25 (Sep 23).

United Fire Group Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
UFCSUnited Fire Group$20.50$31.0051.22%Hold
WRBW. R. Berkley$58.34$76.8831.78%Buy
HMNHorace Mann Educators$33.98$38.5013.30%Strong Buy
SIGISelective Insurance Group$90.95$92.201.37%Hold
RLIRLI$151.63$152.670.69%Buy
MKLMarkel$1.56K$1.56K0.05%Buy
CINFCincinnati Financial$135.82$131.25-3.36%Buy
SKWDSkyward Specialty Insurance Group$38.88$37.33-3.99%Buy

UFCS Forecast FAQ


No, according to 1 Wall Street analysts, United Fire Group (UFCS) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of UFCS's total ratings.

United Fire Group (UFCS) average price target is $31 with a range of $31 to $31, implying a 51.22% from its last price of $20.5. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for UFCS stock, the company can go up by 51.22% (from the last price of $20.5 to the average price target of $31), up by 51.22% based on the highest stock price target, and up by 51.22% based on the lowest stock price target.

UFCS's average twelve months analyst stock price target of $31 supports the claim that United Fire Group can reach $30 in the near future.

United Fire Group's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $1.13B (high $1.13B, low $1.13B), average EBITDA is $44.49M (high $53.56M, low $35.41M), average net income is $43.28M (high $48.69M, low $37.87M), average SG&A $0 (high $0, low $0), and average EPS is $1.12 (high $1.12, low $1.12). UFCS's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.25B (high $1.25B, low $1.25B), average EBITDA is $-1.281M (high $-1.281M, low $-1.281M), average net income is $37.97M (high $37.97M, low $37.97M), average SG&A $0 (high $0, low $0), and average EPS is $1.5 (high $1.5, low $1.5).

Based on United Fire Group's last annual report (Dec 2023), the company's revenue was $1.1B, beating the average analysts forecast of $1.03B by 6.61%. Apple's EBITDA was $0, missing the average prediction of $35.07M by -100.00%. The company's net income was $-29.7M, beating the average estimation of $-22.127M by 34.22%. Apple's SG&A was $0, beating the average forecast of $0 by 0%. Lastly, the company's EPS was $0, missing the average prediction of $-1.154 by -100.00%. In terms of the last quarterly report (Dec 2023), United Fire Group's revenue was $287.32M, beating the average analysts' forecast of $263.7M by 8.96%. The company's EBITDA was $0, missing the average prediction of $-270K by -100.00%. United Fire Group's net income was $19.61M, beating the average estimation of $14.01M by 39.97%. The company's SG&A was $0, beating the average forecast of $0 by 0%. Lastly, the company's EPS was $0, missing the average prediction of $0.553 by -100.00%